Heineken 2022 profit higher than expected after Asia recovery By Reuters


© Reuters. FILE PHOTO: Glasses of Heineken beer are seen at a restaurant in Hanoi, Vietnam May 30, 2019. Picture taken May 30, 2019. REUTERS/Kham

BRUSSELS (Reuters) – Heineken (OTC:), the world’s second-largest brewer, reported a higher than expected profit in 2022 thanks to a sharp recovery of its Asian operations and repeated its forecast of a profit increase this year.

The maker of Europe’s top-selling beer Heineken, along with Tiger and Sol lagers, said its operating profit before one-offs rose by 24.0% to 4.50 billion euros, compared with the average figure of 4.43 billion euros in a company-compiled poll.

The Dutch brewer retained its forecast that its operating profit would rise by a mid- to higher single-digit percentage in 2023.

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